Commercial Property Insurance. Lessor shall obtain and keep in force during the Term of this Lease a policy or policies of commercial property insurance written on ISO form CP 00 10 10 12, or a substitute form providing coverage at least as broad, with all risk or special form coverage, covering the loss or damage to the Premises to the full insurable value of the improvements located on the Premises (including the full value of all improvements and fixtures owned by Lessor) at least in the amount of the full replacement cost thereof, and in no event less than the total amount required by any lender holding a security interest. Lessor agrees to and shall include in the policy or policies of commercial property insurance a standard waiver of the right of subrogation against the County of Orange, its elected and appointed officials, officers, agents and employees by the insurance company issuing said policy or policies. Lessor shall provide the County of Orange with a Certificate of Insurance as evidence of compliance with these requirements.
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Samples: A Lease Agreement, A Lease Agreement
Commercial Property Insurance. Lessor LESSOR shall obtain and keep in force during the Term term of this Lease a policy or policies of commercial property insurance written on ISO form CP 00 10 10 12, or a substitute form providing coverage at least as broad, with all risk or special form coverage, covering the loss or damage to the Premises to the full insurable value of the improvements located on the Premises (including the full value of all improvements and fixtures owned by LessorLESSOR) at least in the amount of the full replacement cost thereof, and in no event less than the total amount required by any lender holding a security interest. Lessor XXXXXX agrees to and shall include in the policy or policies of commercial property insurance a standard waiver of the right of subrogation against the County of Orange, its elected and appointed officials, officers, agents and employees by the insurance company issuing said policy or policies. Lessor LESSOR shall provide the County of Orange with a Certificate of Insurance as evidence of compliance with these requirements.
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Samples: cams.ocgov.com
Commercial Property Insurance. Lessor LESSOR shall obtain and keep in force during the Term of this Lease a policy or policies of commercial property insurance written on ISO form CP 00 10 10 12, or a substitute form providing coverage at least as broad, with all risk or special form coverage, covering the loss or damage to the Premises to the full insurable value of the improvements located on the Premises (including the full value of all improvements and fixtures owned by LessorLESSOR) at least in the amount of the full replacement cost thereof, and in no event less than the total amount required by any lender holding a security interest. Lessor LESSOR agrees to and shall include in the policy or policies of commercial property insurance a standard waiver of the right of subrogation against the County of Orange, its elected and appointed officials, officers, agents and employees by the insurance company issuing said policy or policies. Lessor LESSOR shall provide the County of Orange with a Certificate of Insurance as evidence of compliance with these requirements.
Appears in 1 contract
Samples: cams.ocgov.com
Commercial Property Insurance. Lessor LESSOR shall obtain and keep in force during the Term of this Lease a policy or policies of commercial property insurance written on ISO form CP 00 10 10 12, or a substitute form providing coverage at least as broad, with all risk or special form coverage, covering the loss or damage to the Premises to the full insurable value of the improvements located on the Premises (including the full value of all improvements and fixtures owned by LessorLESSOR) at least in the amount of the full replacement cost thereof, and in no event less than the total amount required by any lender holding a security interest. Lessor XXXXXX agrees to and shall include in the policy or policies of commercial property insurance a standard waiver of the right of subrogation against the County of Orange, its elected and appointed officials, officers, agents and employees by the insurance company issuing said policy or policies. Lessor LESSOR shall provide the County of Orange with a Certificate of Insurance as evidence of compliance with these requirements.
Appears in 1 contract
Samples: cams.ocgov.com